Petra Diamonds has embarked on an organisational restructuring process. The organisational restructuring will provide effective support to the company’s operations and will facilitate the rapid execution of Project 2022.

Richard Duffy, Petra Diamonds chief executive. Image credit: Facebook

Richard Duffy, Petra Diamonds chief executive. Image credit: Facebook

Various organisational changes have been put into effect. The restructuring has resulted in the removal of the chief operating officer role and therefore, through mutual agreement, Luctor Roode is leaving the company to pursue other interests, with immediate effect. “Luctor has been instrumental in leading the operations’ transition to steady state operational performance following a long period of capital investment across our mines and I would like to thank him for his significant contribution to the company over the last eight years,” explains Richard Duffy, Petra Diamonds chief executive.

With all operations having transitioned into steady state operational performance, the company has implemented a flatter management structure, with the mines now reporting directly to the Chief Executive. “He leaves Petra at a time when the company is delivering solid and consistent production results across the operations and I am certain that he will be successful in his future endeavours. We wish him well,” concludes Duffy.